3251/3255 Cedar Street, Lake Charles, LA 70615
Duplex in Lake Charles with income potential and convenient features.
- Added:
- Mar 7, 2026
- Days on Market:
- 122
- Last Refresh:
- Jul 3 at 6:07 am
Property Features for 3251/3255 Cedar Street
General Information
- Standard status
- Active
- Size
- 1,732 SF
- Lot size
- 0.33 Acres
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1975
Listing office Coldwell Banker Commercial Ingle Safari Realty
Listing date Mar 7, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Ingle Safari Realty
HighLights
- Multi‑family income potential in a desirable area of Lake Charles, LA.
- Low annual property taxes (approximately $632.17) enhancing cash‑flow opportunity.
- Located in Flood Zone X, providing added peace of mind.
- Relatively new shingled roof (less than 5 years old).
- Each unit features 2 bedrooms and 1 bathroom with a practical layout.
- Covered vehicle parking for tenant convenience.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.7k | $10.20 |
| − Vacancy | −$1.3k | −$0.77 |
| EGI | $16.3k | $9.44 |
| − OpEx | −$4.9k | −$2.83 |
| NOI | $11.4k | $6.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Charles
- County
- Calcasieu
- State
- Louisiana
- Longitude
- -93.16643
- Latitude
- 30.280437